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Note 7 - Acquisition of Lew Thompson & Son Trucking, Inc (Tables)
12 Months Ended
Dec. 31, 2023
Notes Tables  
Schedule of Business Acquisitions, by Acquisition [Table Text Block]
  

February 9, 2022

 

(in thousands)

    

Cash paid pursuant to Stock Purchase Agreement

 $40,347 

Cash acquired included in historical book value of AAT's assets and liabilities

  (1,846)

Contingent consideration

  16,210 

Net purchase price

 $54,711 
Lew Thompson & Son Trucking, Inc. [Member]  
Notes Tables  
Business Acquisition, Pro Forma Information [Table Text Block]

(in thousands)

 

Year Ended

 
  

December 31, 2023

 

Total revenue

 $41,838 

Net income

 $4,726 
Lew Thompson & Son Trucking, Inc. [Member]  
Notes Tables  
Schedule of Business Acquisitions, by Acquisition [Table Text Block]
  

April 26, 2023

 

(in thousands)

    

Cash paid pursuant to Stock Purchase Agreement

 $100,726 

Cash acquired included in historical book value of LTST's assets and liabilities

  (839)

Contingent consideration

  10,016 

Net purchase price

 $109,903 
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]

(in thousands)

 

April 26, 2023

 

Accounts receivable

 $5,100 

Driver advances and other receivables

  98 

Inventory and supplies

  1,015 

Prepaid expenses

  561 

Property and equipment

  42,277 

Other assets

  120 

Other intangibles

  52,870 

Total identifiable assets acquired

  102,041 
     

Accounts payable

  (565)

Accrued expenses

  (1,465)

Current portion of operating lease obligations

  (396)

Current portion of insurance and claims accrual

  (56)

Long-term portion of operating lease obligations

  (2,103)

Total liabilities assumed

  (4,585)

Net identifiable assets acquired

  97,456 

Goodwill

  12,447 

Net assets acquired

 $109,903 
Business Acquisition, Pro Forma Information [Table Text Block]

(in thousands)

 

Year Ended

  

Year Ended

 
  

December 31, 2023

  

December 31, 2022

 

Total revenue

 $1,124,492  $1,281,504 

Net income

 $57,592  $121,943 

Basic net income per share

 $4.41  $8.13 

Diluted net income per share

 $4.16  $7.86